The Times They Are A Changing…

Netflix, in a sign of its growing importance in television, will become Don Draper’s second home.

The home entertainment company has bought the rerun rights to the TV series Mad Men, making its online streaming service the next place to watch episodes after the show’s initial airing on cable network AMC.

So what did they give up to secure these rights?

Netflix will pay Mad Men producer Lionsgate between $750,000 and $900,000 per episode (dollar figures U.S.), according to people familiar with the situation.